Sales of Mobile Crushers Market Will Reach Billions of Dollars in 2026
Global Mobile Crushers and Screeners Market has valued US$ 2.8 Billion in 2017 and is expected to reach US$ 4.1 Billions by 2026, and the Compound Annual Growth Rate(CAGR) is 4.88% during forecast period.
The mobile crushing and screening equipment are the machinery used for crushing and processing stones and minerals. Fixed crushers and screeners are mounted on a mobile wheeled-type and tracked-type platform of mobile crushers. The mobile crusher is transported to the work site where they can manoeuvre within the site to crush and screen the aggregates.
Mobile crusher is a mobile crushing station that can carry jaw crusher, impact crusher, cone crusher, vibrating screen, conveyor and other mining equipment. It can be a complete ore processing line with remarkable quality, performance and price advantages, deeply favored and welcomed by the road, railway, national defense, construction and other fields. Among them, the mobile jaw crusher is the most commonly used type, because it is widely used for primary crushing of stones and rocks.
Mobile crushing and screening equipment
A continuously increasing number of constructions and mining industries especially in the countries such as China, the U.S, Australia, India and Brazil is boosting the market for mobile crushers and screeners. And the most important factor that affects the market is in durability and reliability of the mobile crushers and screeners.
During the forecast period, quarry industry is dominating the mobile crushers and screeners market. The fastest increasing application sector for mobile crushers and screeners is the construction industry. The increase in infrastructure development in the industrial, commercial and residential sector in the Asia-Pacific region drives the growth.
Mobile crushers accounted for a majority share of around 70% in 2017 and are expected to maintain its dominant position over the analysis period. The equipment rise in an application in material recycling sector like construction waste disposal further contributes to the market growth. It can crush construction waste into suitable granularity, and the different granular sizes can be screened to meet the various production needs of users, reused in other industries, realize the rebirth of construction waste and resources reconfiguration.
Screeners on working site
Asia-Pacific is the most important and dominant regional market for mobile crushers and screeners globally during the forecast period. Asia-Pacific region is expected to be the fastest growing regional market due to an increase in infrastructure development in countries such as China, India, and Japan. And the “Belt and Road Initiation ” proposed and implemented by China has greatly improved the sales of mobile crushers and screeners.
Growth in urbanization in the region has forced governments in these countries to invest in several infrastructure projects for instance construction of bridges, flyover, housings and railroads, which help the market growth in the construction segment and also the crushing machine.